The Dow Jones Industrial Average swung into positive territory after tumbling more than 200 points early Monday, as Disney rallied and Microsoft fell.
The Nasdaq slumped 1.6%, the S&P 500 fell 0.5% and the Dow Jones industrials edged 0.1% higher in the stock market today. Small caps tracked by the Russell 2000 were nearly flat. Volume was slightly higher on both major exchanges vs. the same time Friday.
Tech stocks boosted the Nasdaq to a 43.6% gain in 2020 for its fifth best year ever. The S&P 500 rose 16.3% and the Dow added 7.2% last year. Read The Big Picture for detailed daily market analysis.
The Covid-19 pandemic continues to roil the U.S. economy, as nationwide lockdowns approach the one-year mark. But there are